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McDonald's (MCD) PT Raised to $195 at Baird Following 4Q

January 31, 2018 8:52 AM EST

Baird raised its price target on McDonald's (NYSE: MCD) to $195.00 (from $190.00) while maintaining a Outperform rating following the company's 4Q earnings report. EPS of $1.71 exceeded $1.59 consensus on slightly better-than-expected operating income and a favorable tax rate (added $0.11).

Management again noted potential for earnings... More